Thailand Recombinant Protein Therapeutics Cdmo Market Size & Outlook

The recombinant protein therapeutics cdmo market in Thailand is expected to reach a projected revenue of US$ 1,387.2 million by 2030. A compound annual growth rate of 14.2% is expected of Thailand recombinant protein therapeutics cdmo market from 2024 to 2030.
Revenue, 2023 (US$M)
$549.0
Forecast, 2030 (US$M)
$1,387.2
CAGR, 2024 - 2030
14.2%
Report Coverage
Thailand

Thailand recombinant protein therapeutics cdmo market, 2018-2030 (US$M)

Thailand

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Thailand recombinant protein therapeutics cdmo market highlights

  • The Thailand recombinant protein therapeutics cdmo market generated a revenue of USD 549.0 million in 2023 and is expected to reach USD 1,387.2 million by 2030.
  • The Thailand market is expected to grow at a CAGR of 14.2% from 2024 to 2030.
  • In terms of segment, interferons was the largest revenue generating type in 2023.
  • Growth Hormones is the most lucrative type segment registering the fastest growth during the forecast period.


Recombinant protein therapeutics cdmo market data book summary

Market revenue in 2023USD 549.0 million
Market revenue in 2030USD 1,387.2 million
Growth rate14.2% (CAGR from 2023 to 2030)
Largest segmentInterferons
Fastest growing segmentGrowth Hormones
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationGrowth Hormones, Interferons, Vaccines, Immunostimulating Agents
Key market players worldwideLonza Group Ltd, Catalent Inc, FUJIFILM Holdings Corp, WuXi Biologics (Cayman) Inc, Batavia Biosciences, Richter-Helm, Curia, HALIX, Biovian, Enzene Biosciences


Other key industry trends

  • In terms of revenue, Thailand accounted for 2.6% of the global recombinant protein therapeutics cdmo market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, Japan recombinant protein therapeutics cdmo market is projected to lead the regional market in terms of revenue in 2030.
  • China is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,968.6 million by 2030.

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Thailand recombinant protein therapeutics cdmo market size, by type, 2018-2030 (US$M)

Thailand Recombinant Protein Therapeutics CDMO Market Outlook Share, 2023 & 2030 (US$M)

Thailand recombinant protein therapeutics cdmo market size, by type, 2018-2030 (US$M)

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